Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
HMO PROPERTY WITH INVESTMENT INCOME AND PLANNING POTENTIAL

Lot 27

39 Cranley Road, Westcliff-on-Sea SS0 8AJ

Photo of 39 Cranley Road, Westcliff-on-Sea SS0 8AJ
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HMO PROPERTY WITH INVESTMENT INCOME AND PLANNING POTENTIAL

Lot 27

This semi-detached older style house we understand is registered as an HMO with seven lettable rooms. The property is currently producing 2245 pcm (26,940 pa gross) and the property is being sold with the benefit of this investment income. The property also offers potential for conversion into self-contained flats subject to obtaining any necessary planning consent that may be required. Cranley Road is situated close to the A13 London Road and within walking distance of Westcliff Mainline Station.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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